"[This book] is a critical source of scholarly information on model-centric approaches and implementations for control and other similar dynamic systems. Highlighting innovative topics such as configuration management, controllability analysis, and modeling requirements, this book is ideally...

Multilevel Structural Equation Modeling (MSEM) is used to estimate latent variable models in the presence of multilevel data. A key feature of MSEM is its ability to quantify the extent to which a hypothesized model fits the observed data. Several test statistics and so-called fit indices can be...

Insurance companies often follow highly correlated investment strategies. As major investors in corporate bonds, their investment commonalities subject investors to fire-sale risk when regulatory restrictions prompt widespread divestment of a bond following a rating downgrade. Reflective of...

We document robust industry return predictability through the lens of a competition network, connecting two industries that share a multi-industry market leader. Equity returns in an industry exhibit a delayed response to cross-industry effects due to investors' limited attention and constrained...

We study how sophisticated investors, when faced with changes in information environment, adjust their information acquisition and trading behavior, and how these changes in turn affect market efficiency. We find that, after exogenous reductions of analyst coverage due to closures of brokerage...